Mirian

Mirian is from the village of Jocho. He is 29 years old, married, with one child. His mother and married brother and his family live with Mirian as well.

Mirian runs small-scale agricultural land and has a citrus garden. He sells citrus in the wintertime and earns seasonal income. The family also has one milk cow and sells cheese at the local market.

Mirian managed to save and has recently bought an apartment in the neighboring town. Now he is requesting a loan to purchase furniture and furnish the flat comfortably. Mirian plans to rent it out at a good price and get a monthly income. This initiative will increase his family's funds and Mirian will be able to improve the standard of living for his family members. He hopes for your generosity.

Additional Information

More information about this loan

This loan is part of Credo's startup loan program targeting particularly vulnerable clients who live at the subsistence level and have been unable to obtain credit due to lack of income from an existing business. This program offers them a longer repayment term and an annual interest rate that is 5% lower than the standard interest rate. By funding this loan, you are supporting a program that gives borrowers a second chance to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life. Learn more about Credo's startup loan program on the Kiva Blog.

About LLC Micro Finance Organization Credo

LLC Credo (Credo) is a microfinance organization in Georgia that provides sustainable credit services to alleviate poverty in rural areas, including business loans, agriculture loans, household loans, crop insurance and more. Kiva lenders’ funds are used to help the organization expand its outreach to even more entrepreneurs, farmers and households in remote areas.